As Trump takes office, it is very important for economic and trade officials from both countries to sit down and talk through not only the difficulties and disputes, which they must, but also more importantly, how we can exploit a great future together.

China and the US are the twin engines of global economy growth. Bilateral trade binds the two economies together, and cooperation is the only reasonable choice for both countries. Trade frictions are natural in a constantly expanding relationship that extends into other sectors in the globalization process.

Given their economic and geographic proximity to China, Southeast Asian countries are beginning to warm up to the Chinese renminbi. At this stage, however, it would be premature for Southeast Asian governments to do much more than they have already done.

While addressing the existing problems in the manufacturing sector at home, the in-coming Trump Administration needs to enhance collaboration with China, for more Chinese investment in America in general, and in the manufacturing sector and massive infrastructure development in particular.

Deeper supply-side structural reform will be pursued as China enjoys early benefits of steps taken in 2016 despite downward pressure on the nation’s economy.

This is the first time that “seeking progress while maintaining stability” was upgraded to an unprecedentedly high status, that is, from a methodology for economic work to an important principle for governance.

Shelving the TPP could create opportunity to accelerate the FTAAP, working in line with high-standard trade rules, committing to new international trade rules and basing the FTAAP on the next trade mode.

Despite recent divesting, China holds a dangerously high share of outstanding US Treasury bonds. Beijing should continue the reduction of these bonds, leaving Japan as the first biggest creditor for the US.

Singles' Day in China began as a clever counter to Valentine's Day. It takes place each year on Nov. 11, or 11/11, signifying four singles. Originally a celebration for young single people, Alibaba has turned it into a shopping bonanza since 2009. This year’s tally more than doubled what Americans spent online on Thanksgiving Day, Black Friday, and Cyber Monday combined. Additionally, shipping to rural areas will be at an all-time high. But, this record breaking shopping event, largely driven by marketing pressure, should not be misread as a signal that China’s economy is not stagnating.

The loss of momentum for the Trans-Pacific Partners agreement has diminished the US’ standing as a global power, and taken the wind out of the sails of President Obama’s Pivot to Asia strategy. The result is a brighter prospect for a more regional partnership and China’s push to establish a Free Trade Area of the Asia-Pacific (FTAAP).